Scrap Metal News
Recycling industry news and updates from global markets
September 10,2026 05:00 AM
German steelworks reduced steel production by 1.8 per cent year-on-year in July 2026, to 2.68 million tonnes. Compared with the previous month, the figure fell by 8.7 per cent. This is according to data…
September 09,2026 12:00 PM
As of early September, iron ore prices (KORE 62% Fe/Qingdao) had rebounded to over $100/t CFR, whilst in August this commodity had mainly traded within a narrow range of $95–98/t.
September 08,2026 06:00 AM
ArcelorMittal, one of the world’s largest steel producers, has raised its prices for hot-rolled coil (HRC) in Europe by €20/t ($23/t) for deliveries in November 2026. This was reported by BigMint.
September 07,2026 05:00 AM
The price situation on regional pig iron markets in August was characterised by an upward trend. In the Black Sea region, India and China, prices rose slightly, whilst pig iron prices in Brazil stabilised…
September 02,2026 04:00 AM
After the previous week’s $7/tonne increase, China's export prices for hot-rolled coil (HRC) gained further strength during the week of August 24-28, with Mysteel assessing the export price of SS400 3mm…
September 01,2026 04:00 AM
The American steel producer Nucor has once again raised the spot price (CSP) for hot-rolled coils by $5 per short tonne compared with the previous week. This is stated in the company’s letter to customers…
August 31,2026 05:00 AM
ArcelorMittal, one of the world’s largest steel producers, is raising prices for long products (bar steel, reinforcing bars and wire rod) by a further €20/t. This is the second increase following a €25/t…
August 28,2026 05:00 AM
Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks were largely unchanged on week during August 21-27, according to the results of Mysteel's latest…
August 27,2026 04:00 AM
China's steel prices are expected to stay rangebound in the near term, as expectations for a seasonal demand recovery in autumn and cost-side support may provide upward impetus, according to the latest…
August 25,2026 04:00 AM
Indian steel companies are set to maintain their operating profitability for the 2027 financial year at 10,500–11,000 rupees ($110–115.5) per tonne, despite rising production costs. This is reported by…
August 24,2026 05:00 AM
Africa produced 2.0 Mt in July 2026, up 6.1% on July 2025. Asia and Oceania produced 109.4 Mt, down 1.2%. The EU (27) produced 10.5 Mt, up 3.8%. Europe, Other produced 3.7 Mt, up 5.8%. The Middle East…
August 21,2026 07:00 AM
Crude steel production among China's top 10 steelmaking provinces and autonomous regions declined by 2.7% on year to 416.84 million tonnes over January-July, according to the latest data from the National…